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CEO projects share of sales will double as companies integrate technology into operations
...“Many of our competitors have no [sustainable aviation fuel] mandate; they don’t have carbon prices . . . we are at a disadvantage when we have costs some of our main competitors do not have,” he said....
...Eli Lilly has called for competition regulators to scrutinise an $11bn deal by its main competitor Novo Nordisk to snap up additional manufacturing capacity, as the rivalry between the drugmakers to dominate...
...That segment is dominated by UK-listed Gym Group and private equity owned PureGym....
...But investors have soured on the group as it competes in a costly streaming battle with larger competitors such as Disney and Netflix....
...Times’s DealBook: “It’s quite clear to us that they don’t understand how consumers shop today and they don’t understand the dynamics of a marketplace with no barriers to entry, constant influx of new competitors...
...Wood’s stock languishes around 142p — a painful 41 per cent below the final takeover price offered by Apollo a year ago before the private equity group got cold feet....
...But in the past decade the tech giant has struggled, while competitors such as Alibaba and Tencent have soared ahead....
...Tencent also has the multiplayer online game Tarisland, which is being seen as a direct competitor to World of Warcraft....
...CME Group said it will apply to clear US Treasuries, becoming the first exchange company to publicly state its ambitions to grab a lucrative slice of the world’s biggest bond market....
...which owns 3.5 per cent of Vitesco, on Monday sent a letter to the Regensburg-based company, calling on its board to reject Schaeffler’s €91-per-share offer and “not to give it up at depressed prices to competitors...
...On Thursday, March 28, a group of powerful Delaware lawyers put in motion a plan to make a series of changes to the state’s eminent corporate code, known as the Delaware General Corporation Law....
...Such pledges have been made in other industries such as technology, with software groups offering not to enforce their rights to help facilitate the development of open source platforms....
...It has the means to see off low-priced competitors while working on charging infrastructure and more affordable vehicles. Musk’s plans are as bombastic as ever....
...BYD has slashed prices of almost every model in its line-up since the start of the year under the slogan “electricity is cheaper than oil”, followed by its competitors including Geely and SAIC-GM-Wuling,...
...As the world emerged from the Covid-19 pandemic, however, Uber’s margins fattened as competitors fell by the wayside and the company ground down costs....
...The group had a market value of $600mn, as of market close on Friday....
...The group estimated the rule would cost airlines $33bn over 10 years....
...CoStar, a US property data group, is buying rival UK property listings group OnTheMarket. The market value of CoStar is six times that of Rightmove at $34bn (£27bn)....
...Its bottom line in China is also set to take a hit this year as it loses a 15 per cent preferential tax rate, which remains available to many of its local competitors....
...Meanwhile, the entity in question — Change Healthcare — is restoring its systems, after reportedly paying a $22mn ransom to the BlackCat hacker group. But investors should pay close attention....
...New US competitors will not find it easy to gain territory from the market leader. nathalie.thomas@ft.com...
...By contrast, concert promotion, by far Live Nation’s biggest division with 82 per cent of group revenue, pulled in only 17 per cent of total AOI....
...The landmark lawsuit filed on Thursday in federal court in New Jersey by the US Department of Justice, along with a bipartisan group of 16 state and district attorneys, accuses the group of imposing contractual...
...Niel’s pursuit of a deal in Italy comes as competitor Vodafone is facing a “panoply of problems in its international portfolio”, according to our colleagues at Lex....
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